Indonesia’s Qoala raises $65M Series B funding led by Eurazeo

Indonesia-based insurtech startup Qoala, said Wednesday it has successfully raised Series B funding of $65 million led by Eurazeo.The round also saw participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia and Salt Ventures also joined the investment round as new investors.